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Ahluwalia Contracts (India) rose 4.41% to Rs 263.05 after the company said its has secured new order aggregating to Rs 309.44 crore.The order calls for construction of high-rise multi storied residential complex, located at Z-1, Project, Phase-III, Nandankanan Road, in Bhubaneswar (Orissa). The total order inflow during the FY21 stands at Rs 2086.44 crore, the company said in a regulatory filing on Tuesday 29 December 2020.
Ahluwalia Contracts (India)'s project portfolio encompasses projects across residential and commercial complexes, hotels, institutional buildings, hospitals and corporate offices, information technology (IT) parks and industrial complexes.
The company's consolidated net profit jumped 37.3% to Rs 17.95 crore on a 0.2% rise in net sales to Rs 434.51 crore in Q2 September 2020 over Q2 September 2019.
Bhubaneswar-orissaAhluwalia-contractsNandankanan-roadCapital-marketபுவனேஸ்வர்-ஓரிஸ்ஸநந்தன்கனன்-சாலைமூலதனம்-சந்தைEquity indices closed with decent gains on Tuesday. The Nifty managed to close above the crucial 13,900 mark. Buying was seen in bank, financial and IT stocks while metal, realty and auto shares corrected. Positive global cues supported the rally.
As per provisional closing data, the barometer index, the S&P BSE Sensex, rallied 246.61 points or 0.52% to 47,600.75. The Nifty 50 index added 54.9 points or 0.4% to 13,928.25.
The Sensex hit a fresh record high of 47,714.55 while the Nifty scaled an all-time high of 13,967.60 in morning trade. Investor sentiment was upbeat after President Trump signed a $2.3 trillion pandemic aid while the U. K. and the E. U. struck a Brexit trade deal last week.
IndiaJammuJammu-and-kashmirManipurUttar-pradeshJapanBangladeshHyderabadAndhra-pradeshUnited-statesUnited-kingdomPuducherryAhluwalia Contracts Gains On Bagging Construction Order Worth Rs 309 Crore Ahluwalia Contracts Gains On Bagging Construction Order Worth Rs 309 Crore The company's total order inflow for current financial year stands at Rs 2,086.44 crore, Ahluwalia Contracts said.
Updated: December 29, 2020 3:16 pm IST
Shares of the Delhi-based construction company -Ahluwalia Contracts - rose as much as 8.43 per cent to hit an intraday high of Rs 273.20 after the company informed exchanges that it has been awarded a construction order worth Rs 309.44 crore. Ahluwalia Contracts has bagged an order worth Rs 309.44 crore for construction of high-rise multi storied residential complex in Bhubaneswar.
"We are pleased to inform you that Ahluwalia Contracts (India) Limited has secured new order aggregating to Rs.309.44 Crores (approx.) for Construction of High-rise Multi Storied residential Complex, located at Z-1, Project, Phase-Ill, Nandankanan Road, Kalarahanga, Bhubaneswar (Orissa)," Ahluwalia Contracts said in a press release.
Bhubaneswar-orissaAhluwalia-contracts-indiaAhluwalia-contractsHigh-rise-multi-storiedNandankanan-roadபுவனேஸ்வர்-ஓரிஸ்ஸநந்தன்கனன்-சாலை